As the Met Office names the first storm of the autumn, the ABI has issued advice to homeowners and businesses on how to prepare and what to do if they need to make a claim. With strong winds and heavy rain expected across much of the UK, and especially in parts of western and southern Scotland, the ABI is encouraging people to: Posted on Wednesday Oct 1
According to data collected from more than 43,000 comprehensive property assessments, only a worrying 7% of UK properties are insured accurately, with 70% of properties underinsured and 23% overinsured. Posted on Friday Sep 26
1,602 people were killed on Britain’s roads last year Young drivers and their passengers remain disproportionately at risk when compared to other drivers Motorcyclist fatalities rose by 8% in a year, while pedestrian deaths increased by 1% “Highlights the urgent need for a comprehensive road safety strategy” says AA’s head of roads policy Posted on Thursday Sep 25
Heathrow cyber-attack highlights need for parametric and preventive cyber insurance. Major European airports, including Heathrow, Dublin, and Brussels, faced significant disruption following a recent cyber-attack. The incident led to dozens of cancellations, hundreds of delays, and long queues as staff were forced to use handwritten tags and manual redeployments. Posted on Thursday Sep 25
Ransomware is the biggest loss driver, accounting for 60% of the value of large cyber claims (>€1mn), while threats posed by supply chains, privacy regulation and social engineering require attention, especially as an uptick in loss activity is expected from Black Friday onwards. Despite the increasing level of attacks, analysis of Allianz Commercial cyber claims shows severity is down by 50% and large claims frequency by 30% during H1 2025 to date, driven by larger companies’ elevated detection and response capabilities. However, the expanding risk landscape is broadening the potential scope of claims for all, while the gap between insured and uninsured widens. Posted on Wednesday Sep 24
New research from Beazley uncovers a sharp and rapid shift in how leaders are prioritising risk. And amid today’s fast-changing global environment, topping their agendas are: Geopolitical uncertainty, supply chain disruption and inflation. Posted on Tuesday Sep 23
In response to reports of delays at Heathrow and other European airports, the ABI has shared advice for anyone experiencing travel disruption. Posted on Monday Sep 22
2025 detection figures up 34% from same period as 2024. Ghost brokers and claims ballooning trends continue. Enhanced technology partnership with Carpe data for personal injury fraud prevention. Stronger collaboration with brokers and continued commitment to protect honest customers Posted on Monday Sep 22
7% proactively reduce cover with 9% cutting down when they renew policy. 78% of those switching or renewing said that they had seen a noticeable increase in their renewal premium, up from 49% in 2022. Price comparison sites remain the dominant route for drivers to find policies Posted on Monday Sep 22
A man has been sentenced for his role as a ghost broker, despite numerous warnings from the City of London Police’s Insurance Fraud Enforcement Department (IFED). Sheikh Tanvir Uddin, 22, of Kimpton Road, Southwark, was sentenced today to 32 weeks' imprisonment, suspended for 12 months, after previously being remanded in August. He was also ordered to pay a victim surcharge and court costs. Posted on Friday Sep 19
HMRC tax receipts update shows that Insurance Premium Tax (IPT) receipts recorded a total of £1.30 billion in August 2025, marking a slight decrease of £51 million on the same month last year (£1.35bn). Posted on Friday Sep 19
A new study has estimated that approximately 3.1 million policyholders in the UK are at risk of having their home insurance cancelled or voided, all due to making simple errors. In the last year, around 7% admitted to doing something that could lead to their policy being cancelled, equal to millions nationwide who could be left without protection when they need it most. Posted on Friday Sep 19
Motor insurers have changed their settlement and compensation practices after the Financial Conduct Authority (FCA) found some insurers had short-changed customers on stolen or written off vehicle claims. Posted on Friday Sep 19
The Lloyd’s Market Association (LMA) has published a new report examining how artificial intelligence (AI) can impact the international errors and omissions (E&O) market. The report, produced by the LMA’s International Professional Indemnity Committee, explores both the opportunities and risks presented by the rapid adoption of generative AI (GenAI) across professional services sectors. Posted on Thursday Sep 18
Nearly three in 10 (29%) UK residents have experienced an attempted or actual break-in to their shed or outbuilding. Just over two thirds (67%) of those whose shed/outbuilding was broken into reported break ins – or attempted break ins – to their home at the same time. Despite this, one in eleven (9%) do not take measures to protect their shed or outbuilding - equivalent to around five million Brits. Aviva urges residents to secure homes, as claims data reveals the average claim for outbuilding and shed theft in 2024 was £4,205 Posted on Wednesday Sep 17
Comprehensive car insurance premiums have fallen by 16% (£136) during the last 12 months, with UK motorists now paying £735 on average, according to the latest Confused.com Car Insurance Price Index in association with WTW Posted on Wednesday Sep 17
DUAA clarifies ‘legitimate interest’ – meaning insurers can confidently use first and third-party data to engage with new prospects and lapsed customers Posted on Tuesday Sep 16
Cargo theft is surging worldwide, posing a growing threat to supply chains and consumer confidence. As eCommerce accelerates and global distribution networks become more complex, the cargo and marine insurance industry faces increasing pressure to combat sophisticated criminals in a complex cross-border environment. Posted on Tuesday Sep 16
In H1 2025, global insured natural catastrophe losses amounted to $80 billion, making it one of the costliest first half-years on record for insurance companies. Posted on Monday Sep 15
Car insurance costs four times as much for convicted drug drivers. Comprehensive policies double in price for those caught drink driving. Drug-driving collisions in Britain rise by 9% Posted on Monday Sep 15
Rising natural catastrophe losses underscore the urgency of prevention, mitigation measures, and public-private collaboration. Geopolitical uncertainty and fragmentation risks are impacting the re/insurance market by creating volatility and making risk assessment more complex. Artificial intelligence (AI) will play a key role in further improving risk assessment and underwriting quality. Re/insurance remains a stabilising force in the face of major global disruptions, absorbing shocks and supporting economic recovery. Posted on Monday Sep 8
Average quoted premiums drop by 10.5% in the past 12 months but are up 3% in the past three months for under-25s. In July, motorists most commonly received a quote between £250 and £499, Consumer Intelligence data shows. Posted on Wednesday Sep 3
Modeled non-crop property & casualty losses rose 25 percent compared to 2024, with severe thunderstorms and other frequency perils accounting for two thirds of total potential losses, according to Verisk Posted on Tuesday Sep 2
Davies, the leading specialist professional services and technology firm serving insurance and highly regulated markets, has announced the promotion of Richard Barke as CEO of its Insurance Solutions division. Posted on Friday Aug 29
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